A wave of automakers and battery makers — foreign and domestic — have pledged to produce North American–made batteries before 2030. © 2024 TechCrunch. All rights reserved. For personal use only.
Category: inflation reduction act
Climate, Global IT News, Global Security News, Government & Policy, green hydrogen, Hydrogen, inflation reduction act, tax credits
Hydrogen tax credit rules give startups clarity while boosting nuclear and carbon capture
Hydrogen startups are widely seen as a promising way to eliminate fossil fuels from heavy industry and long-haul transportation. But they have been stuck in limbo for the last couple years, waiting for official guidance from the U.S. Treasury on lucrative tax credits. The wait ended today, with the Treasury announcing final rules for hydrogen…
Climate, DOE, EV charging, evgo, Global IT News, Global Security News, Government & Policy, inflation reduction act, Transportation
EVgo secures $1.25 billion loan amid Biden’s rush to approve clean energy loans
Electric vehicle charging startup EVgo is the latest company to secure funds from the U.S. Department of Energy as the Biden administration races to approve clean energy loans before Donald Trump takes over. Trump has promised to cancel any unspent funds from Biden’s bipartisan Inflation Reduction Act, including the $7,500 tax credit for new EV…